April 2023: Brevard County - The Space Coast Housing Market Report

A quick recap of the Brevard County Residential Report for April 2023:
- Closed Sales are down -5.5% for April 2023 in which the number of units closed was 978 compared to 1,035 in April 2022, with an decrease in cash sales of -27.5%.
- New Pending Sales are up 6.7% and New Listings are down -10.3%.
- The Median Sales Price for Brevard Single Family homes is 0.0% to $360,000 compared to a year ago, which was $360,000.
- Months' Supply of Inventory is up 133.3% to 2.1 months, an increase from 0.9 months in April 2022.
- Traditional Sales are down -5.9% with a median sales price of $360,000.
- Foreclosure/REO Sales are up 66.7% with 5 closed sales and a median sales price of $215,000.
- Short Sale Closings are up 200.0% with 3 closed sales and a median sales price of $650,000.
A quick recap of the Brevard County Townhouses/Condos for April 2023:
- Closed Sales are down -17.0% for April 2023 in which the number of units closed was 254 compared to 306 in April 2022, with a decrease in cash sales of -29.4%.
- New Pending Sales are down -10.4% and New Listings are down -8.7%.
- Median Sales Price for Townhomes/Condos is up 4.0% to $300,000 compared to a year ago, which was $288,350.
- Months' Supply of Inventory is up 163.6% to 2.9 months in April 2023 from 1.1 months in April 2022.
- Traditional Sales are down -17.0% with a median sales price of $300,000.
- Foreclosure/REO Sales are N/A with a median sales price of (no sales.)
- Short Sale Closings are N/A with (no sales) in April 2023 and (no sales) in April 2022.
Categories
- All Blogs (125)
- Best of Brevard County (3)
- Buyer & Seller Tips (3)
- Buyers (15)
- DIY (4)
- Market Updates (17)
- NAR Settlement & Changes in Real Estate (2)
- New Construction Spotlight (Featured) (3)
- Palm Bay New Construction Communities (12)
- Seller Spotlight (Featured) (3)
- Sellers (12)
- Selling a Parent's Home (1)
- Veltri Group Buyers and Sellers (33)
- Veltri Group Events (10)
- Veltri Group LPT Realty (3)
- Video Home Tours (2)
- 🛠 New Construction Tips & Buyer Guides (3)
Recent Posts

Don’t Sell Your Home Until You See This Free Seller Strategy Guide

Why Your Home Isn’t Selling: The Real Reason Most Sellers Miss

Building with KB Homes in Gardens at Waterstone | Palm Bay New Construction

What Home Staging Is Not — 5 Costly Mistakes Sellers Make

How to Stage Your Home to Sell FAST

How to Buy a New Construction Home in 2025: 5 Steps to Do It Right

Our Buyers Chose the KB Home 2385 | Model Tour at Gardens at Waterstone, Palm Bay FL

New Homes in Cypress Bay West Tour The Glen + DR Horton Buyer Tips

Tour the Bristol Model by DR Horton at Serenoa | Cypress Bay West, Palm Bay

Build Your Dream Home in Gardens at Waterstone | KB Homes in Palm Bay, FL
Veltri Group of Brevard is a Homegrown Real Estate Sibling Team on Florida's Space Coast offering a unique, hands-on, & personalized approach to buying and selling. We work together as one, so our clients receive twice the service and double the care.